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UPDATE: Lockheed Martin Posts Drop In Q4 Profit, Projects Higher 2013 Profit
Thursday, January 24, 2013 - 6:38am | 82Read More...Lockheed Martin (NYSE: LMT) reported a drop in its fourth-quarter net profit. It also expects rise in earnings for this year. Lockheed Martin projects 2013 earnings from continuing operations of $8.60 to $9.10 per share on sales of $44.5 billion to $46 billion. Lockheed Martin's quarterly net...
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US Stock Futures Mixed After Disappointing Apple Results
Thursday, January 24, 2013 - 5:38am | 559Read More...US stock futures are mixed this morning, after disappointing results from Apple (NASDAQ: AAPL). Futures for the Dow Jones Industrial Average gained 7 points to 13,726.00 and S&P 500 index futures fell 2.60 points to 1,487.50. Nasdaq 100 futures tumbled 34.50 points to 2,724.25. US stocks...
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Earnings Scheduled For January 24, 2013
Thursday, January 24, 2013 - 2:45am | 670Read More...3M Company (NYSE: MMM) is estimated to report its Q4 earnings at $1.41 per share on revenue of $7.18 billion. Baxter International (NYSE: BAX) is projected to report its Q4 earnings at $1.26 per share on revenue of $3.72 billion. Lockheed Martin (NYSE: LMT) is expected to report its Q4 earnings...
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Stocks To Watch For January 24, 2013
Thursday, January 24, 2013 - 1:50am | 174Read More...Some of the stocks that may grab investor focus today are: Wall Street expects 3M Company (NYSE: MMM) to report its Q4 earnings at $1.41 per share on revenue of $7.18 billion. 3M shares rose 0.06% to $99.55 in after-hours trading. Apple (NASDAQ: AAPL) issued downbeat revenue forecast for the...
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The Week Ahead: Tech Earnings in Focus
Friday, January 18, 2013 - 5:17pm | 989Read More...The last full-week of January will be filled with earnings. With the major financials having reported, the market will next shift its focus to tech. Investors should note that U.S. markets will be closed Monday for the Martin Luther King, Jr. holiday. Kicking off tech earnings, Google (NASDAQ:...
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Lockheed Wins $100M Contract to Sustain Ground Station for Global Positioning System
Tuesday, January 15, 2013 - 10:05am | 208Read More...Continuing a legacy of more than 30 years supporting the Global Positioning System, Lockheed Martin (NYSE: LMT) has been awarded a contract to sustain the ground control segment for the GPS satellite constellation. The U.S. Air Force Space Command Space and Missile Center awarded Lockheed Martin a...
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Lockheed Martin Wins $755M Contract for Production of PAC-3 Missiles
Thursday, January 10, 2013 - 1:00pm | 116Read More...Lockheed Martin (NYSE: LMT) received a contract totaling $755 million from the U.S. Army Aviation and Missile Command for hardware and services associated with the combat-proven PATRIOT Advanced Capability-3 (PAC-3) Missile Segment program. The contract includes Fiscal Year 2013 (FY'13) missile...
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Lockheed Martin Canada to Buy Certain Assets of MRO Unit of Aveos Fleet Performance
Monday, January 7, 2013 - 4:51pm | 76Read More...Lockheed Martin Canada Inc., a wholly owned subsidiary of Lockheed Martin Corporation (NYSE: LMT), announced that it has entered into an agreement to purchase certain assets of the engine maintenance, repair and overhaul (MRO) business of Aveos Fleet Performance, Inc., located in Montreal, Canada...
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How Will Chuck Hagel Affect Defense Stocks?
Monday, January 7, 2013 - 3:05pm | 449Read More...Former Senator Chuck Hagel was picked by President Obama as his nominee for Secretary of Defense on Monday. Hagel's nomination could heighten concerns some have in regards to defense spending. Republicans have been openly dubious about Hagel's candidacy for a wide variety of reasons. Among these...
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LMI Aerospace Completes Acquisition of Valent Aerostructures
Monday, December 31, 2012 - 8:02am | 364Read More...LMI Aerospace, Inc. (Nasdaq: LMIA), a leading supplier of structural assemblies, kits and components and provider of design engineering services to the aerospace and defense industries, announced that it completed its acquisition of Valent Aerostructures, LLC ("Valent") on Friday, December 28, 2012...
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US Stock Futures Signal Lower Start On Wall Street
Monday, December 24, 2012 - 6:14am | 212Read More...US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dropped 52 points to 13,084.00 and S&P 500 index futures fell 6.30 points to 1,419.60. Nasdaq 100 futures tumbled 8.50 points to 2,652.00. US stocks closed lower on Friday, with the Dow Jones Industrial...
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Stocks To Watch For December 24, 2012
Monday, December 24, 2012 - 2:14am | 180Read More...Some of the stocks that may grab investor focus today are: United Technologies (NYSE: UTX) announced its plans to sell its UTC Power fuel cells unit to ClearEdge Power. United Technologies shares declined 0.76% to close at $82.54 on Friday. General Dynamics (NYSE: GD) bought Applied Physical...
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Lockheed Martin Acquires Assets Of CDL Systems
Friday, December 21, 2012 - 4:06pm | 339Read More...Lockheed Martin (NYSE: LMT) announced the acquisition of substantially all of the assets of CDL Systems Ltd., a software engineering firm that specializes in the development and licensing of vehicle control station software for unmanned systems. Terms of the agreement were not disclosed and are not...
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Lockheed Martin And NASA Command Two Spacecraft to De-Orbit and Impact Surface of Moon
Monday, December 17, 2012 - 9:27pm | 209Read More...NASA's Gravity Recovery And Interior Laboratory (GRAIL) mission came to an end today as planned when the Lockheed Martin (NYSE: LMT) and the Jet Propulsion Laboratory (JPL) flight operations team commanded the two spacecraft to de-orbit and impact the surface of the moon. Lockheed Martin built the...
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LMI Aerospace to Acquire Valent Aerostructures for $237M
Thursday, December 6, 2012 - 7:18am | 214Read More...LMI Aerospace, Inc. (NASDAQ: LMIA), a leading supplier of structural assemblies, kits and components and provider of design engineering services to the aerospace and defense industries, announced today that it has agreed to acquire Valent Aerostructures, LLC ("Valent") for approximately $237...
